Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Did I do this right? Data Table Date Inve the Job No. Sold Started Finished 9/03 9/12 Total Manufacturing Total Cost of Job Costs Added
Did I do this right?
Data Table Date Inve the Job No. Sold Started Finished 9/03 9/12 Total Manufacturing Total Cost of Job Costs Added in at September 30 October $ 1,100 1,500 300 $ 800 Job No. 1 9/13 Job No. 2 9/03 9/30 10/01 9/17 10/24 10/27 9/29 10/29 11/03 600 1,400 Job No.3 Job No.4 Job No. 5 Job No. 6 10/08 10/12 10/14 300 10/23 11/06 11/09 400 Requirement 2. Use the dates in the table to identify the status of each job at September 30 and October 31. Compute Sloan's account balances at September 30 for Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. Compute, by job, account balances at October 31 for Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. (If an input field is not used in the schedule, leave the input field empty, do not select a label or enter a zero.) Prepare the September schedule first, followed by the October schedule. Sloan Manufacturing Computation of Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold For September and October Work-in-Process Inventory Finished Goods Inventory Date Cost of Goods Sold Job Cost Job Cost Job Cost September 30 3 300 2 1500 1 1100 4 600 900 15001 1100 Total Total Total October 31: 6 400 4 2000 2 1500 3 1100 5 300 400 2000 2900 Total Total TotalStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started